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U.S. markets hover near records driven by tech and AI enthusiasm, despite ongoing government shutdown limiting economic data. Nasdaq and S&P 500 rose while Dow edged slightly lower. Investors focus on corporate earnings, with chipmakers AMD and Nvidia leading gains amid AI chip demand surges.
OpenAI’s evolving AI partnerships and strategic expansion in AI infrastructure highlight the fierce competition among major chipmakers and the growing scale of AI adoption.
6 gigawatts – AI chip capacity OpenAI secured in multibillion-dollar AMD deal
French political instability deepens with rapid prime minister turnover, sparking investor concerns over economic policy and national governance.
U.S. government shutdown extends into sixth day amid partisan deadlock, with escalating risks of layoffs and economic disruption looming.
Gilead Scores Patent Win, Shares Jump on Biktarvy Deal
Gilead Sciences secures settlements delaying generic competition for its top HIV drug Biktarvy until 2036, fueling stock gains and solidifying market position.
More on benzinga.com
Tesla teases upcoming product event generating investor buzz; speculation rises around affordable EV launches to expand market reach.
International trade tensions and tariff issues impact multiple industries, prompting calls for tariff relief and exposing economic challenges.
French Political Chaos Deepens as PM Resigns Again
France’s political turmoil intensifies following the sudden resignation of Prime Minister Sébastien Lecornu, raising fears of economic instability and investor anxiety.
More on pbs.org
Major banking mergers reshape U.S. regional landscape, creating one of the largest banks and signaling consolidation amid banking sector challenges.
CBS News signals a new editorial direction with acquisition of The Free Press and appointment of Bari Weiss as editor-in-chief, aiming to revitalize network.
Treasury prepares $1 coin featuring Donald Trump for 250th U.S. Independence anniversary; EU expanding centralized regulation over stock exchanges and crypto companies.
Geopolitical tensions escalate with U.S. involvement in troop deployments and ongoing Israeli-Hamas conflict, complicating international peace efforts.
Cryptocurrency markets hit new highs with Bitcoin breaking records; institutional interest surges despite regulatory uncertainties.
“We need as much computing power as we can possibly get.”
— OpenAI President Greg Brockman
Market optimism and AI-driven rallies propel major indices and chip stocks, while government shutdown curtails new economic data releases.
Telecom sector sees leadership shakeups with Verizon appointing former PayPal CEO Dan Schulman amid intensifying competition.
Cybersecurity threats persist as major companies face exploitations and vulnerabilities; Oracle patches critical zero-day exploited by hackers.
European markets shaken by political upheaval in France, with concern over bond markets and economic outlook amid prime minister resignations.
OpenAI’s expansion in AI includes new interactive and app-connected chatbot features, broadening AI’s integration into everyday services.
Commodity markets witness strength as gold and oil prices rise amid geopolitical tensions and cautious OPEC+ output hikes.
U.S. labor market analysis suggests vulnerability ahead despite current strength; consumer struggles mount amid inflation and credit issues.
Advancements in chip and AI technology fuel massive investments with AMD and Nvidia battling for dominance in a rapidly growing market.
Tech sector rebounds with startups and emerging companies attracting record funding while established players adjust strategies amid AI shift.
U.S. Supreme Court rejects multiple high-profile appeals, reinforcing recent landmark rulings and emphasizing judicial stability.
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